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Author Topic: Can Crypto be more valuable than gold ?  (Read 36888 times)

Offline Cryptoz

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Re: Can Crypto be more valuable than gold ?
« Reply #135 on: August 17, 2020, 11:59:48 PM »
It can be if we consider the potential in profits. Crypto can be more profitable or valuable because the price can increase very significantly. As we know that the volatility makes crypto can be very valuable. Although it also makes crypto to have high risks because it can also drop significantly as well. 
« Last Edit: August 18, 2020, 12:02:46 AM by Cryptoz »
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Re: Can Crypto be more valuable than gold ?
« Reply #135 on: August 17, 2020, 11:59:48 PM »

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Offline Debasco

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Re: Can Crypto be more valuable than gold ?
« Reply #136 on: August 18, 2020, 12:44:19 AM »
dont think so, ever since the world as beginning to the present world gold has not loose is relevant as one of the most precious stone on planet earth, so for crypto be valuable than seem impossible presently, because crypto coin are  volatile but gold
coin are stable and as of now gold has a lot individual investing in it, ever since digital gold has set in. As regards to the question to some extent no
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Offline Fenix

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Re: Can Crypto be more valuable than gold ?
« Reply #137 on: August 18, 2020, 06:50:56 AM »
Firstly, it is still very early to compare cryptocurrency with gold. Gold can be considered an eternal value, and cryptocurrency has only been around for ten years.
Secondly, these financial assets are very difficult to compare with each other, since they do not have common price indicators for such a comparison. Compare an ounce of gold to Bitcoin's satoshi or to Bitcoin itself? Then why not compare a kilogram of gold to bitcoin?

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Offline Rubel007

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Re: Can Crypto be more valuable than gold ?
« Reply #138 on: August 18, 2020, 06:27:47 PM »
Firstly, it is still very early to compare cryptocurrency with gold. Gold can be considered an eternal value, and cryptocurrency has only been around for ten years.
Secondly, these financial assets are very difficult to compare with each other, since they do not have common price indicators for such a comparison. Compare an ounce of gold to Bitcoin's satoshi or to Bitcoin itself? Then why not compare a kilogram of gold to bitcoin?
Yes it is very early to compare crypto currency with gold. Gold has anterior value in every countries literate and illiterate society and It's distribution procedure very good and  buy and sell very easy way. one the other hand crypto coin eg. Bitcoin, ether, tron are easy to buy and sell locally in the market in every where not only that reason it’s exchange procedure and buying and selling procedure not transparent as gold though the bitcoin price is cross over right now even then i don’t think this particular mater   

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Re: Can Crypto be more valuable than gold ?
« Reply #139 on: August 19, 2020, 05:03:14 PM »
Absolutely yes, because nowadays cryptocurrencies investment can be treat as a life time asset that the more you hold for many years the more you can earn a profit. Knowing the market is volatile there are more who still believe and invest in digital asset  especially in potential alts.
When the right time comes crypto will dominate gold and could be the number one circulating in the world and used as a method of payment or a well-known currency.

Offline Andruha1993

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Re: Can Crypto be more valuable than gold ?
« Reply #140 on: August 20, 2020, 07:10:00 AM »
I think cryptocurrency can be more expensive than gold. Therefore, the cryptocurrency is now very rapidly gaining popularity and, accordingly, its price is growing.
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Re: Can Crypto be more valuable than gold ?
« Reply #141 on: August 20, 2020, 09:13:27 AM »
I also think that crypto can be more valuable than gold cryptocurrency is gaining popularity as its demand increases due to rising prices most of the countries in the world are supporting crypto which is why crypto is rising. Although the demand for gold has decreased there is not much time to rise but the demand for crypto has not decreased much continues to grow slowly.

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Re: Can Crypto be more valuable than gold ?
« Reply #141 on: August 20, 2020, 09:13:27 AM »


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Re: Can Crypto be more valuable than gold ?
« Reply #142 on: August 20, 2020, 09:44:36 AM »
As the days go by people are getting addicted to cryptocurrency. This addiction is a sign of the improvement of cryptocurrency. Because people don't want to buy gold now but of course they want to buy cryptocurrency. Because a lot of profits come from the crypto market. Because there is no possibility of making much profit if you buy gold. Although the price of gold continues to decline, but the popularity and number of crypto is increasing day by day. So the market is going to change a lot. I think people will hold on to its popularity.

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Re: Can Crypto be more valuable than gold ?
« Reply #143 on: August 20, 2020, 03:37:49 PM »
very possible, the only down side of crypto is the high level of volatility, gold is a very stable asset and thus the reason why calm investors prefer it than crytpo :D
crypto investment can increase your adrenaline, make you feel uneasy, but still a good investment if you have the stomach for it.

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Re: Can Crypto be more valuable than gold ?
« Reply #144 on: August 20, 2020, 05:12:57 PM »
Yes, it is already more valuable. However crypto is more volatile still people will prefer to invest in crypto those who understands believe in crypto.

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Re: Can Crypto be more valuable than gold ?
« Reply #145 on: August 20, 2020, 06:27:21 PM »
I think cryptocurrency can be more expensive than gold. Therefore, the cryptocurrency is now very rapidly gaining popularity and, accordingly, its price is growing.
If you think that a cryptocurrency can be more expensive than gold, what is the price of a cryptocurrency in dollars or euros to make it more expensive than gold? Is the current bitcoin price of about $ 12,000 now no more expensive than gold?
I want to hear answers to simple and logical questions.

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Re: Can Crypto be more valuable than gold ?
« Reply #146 on: August 20, 2020, 07:11:40 PM »
Considering some factors such as the age of Crypto compared to gold, in my humble opinion crypto will soon be more valuable than gold. However, not all cryptocurrencies but I can particularly say of BTC. BTC will be more valuable than gold, it's only a matter of time.

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Re: Can Crypto be more valuable than gold ?
« Reply #147 on: August 20, 2020, 07:15:40 PM »
Maybe it will be one day but crypto will never be as trustable and desirable than gold is. BTC price is too high but still, there is no physical form of it. It requires a device that needs power and the internet to run. But in gold, we don't need anything like that and it can be used and carry without anything. So gold is gold and crypto is crypto two very different things and we should not compare them.
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Offline Esperanza12

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Re: Can Crypto be more valuable than gold ?
« Reply #148 on: September 06, 2020, 03:53:33 PM »
In modern times, fiat currency and plastic money have embraced gold as the medium of exchange, mainly for practical reasons. Gold is still valuable, but can you visit your local grocery store and pay for milk in gold? Therefore, no matter how important gold is, it cannot replace Crypto

Offline Ganesa99

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Re: Can Crypto be more valuable than gold ?
« Reply #149 on: September 06, 2020, 03:56:16 PM »
Bitcoin is a unique crypto-digital asset that can be verified anytime from anywhere in the world, using a public blockchain. So, basically, there is no physical transport, chemical analysis, and physical storage required to identify and verify real gold, which is required to verify Bitcoin's integrity. It doesn't matter which one is more valuable, but make sure Bitcoin is more convenient and easier to use

 

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